‘An apartment glut, falling prices and slowing demand has almost tripled the number of off-the-plan Sydney apartments valued at less than the purchase price, analysis shows. CoreLogic research shows more than 14 per cent of Sydney apartment owners’ resales are at a loss, a rise from 11 per cent in the past 18 months. As well, the number of off-the-plan apartments that are valued at settlement below the price in the contract has jumped from 11 per cent in April last year to 30 per cent last month.’